$4,754

Avg. Federal Grant

$5,492

Avg. Federal Loan

$42,808,379

Total Aid Awarded

Guilford Technical Community College (GTCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$42.808M

Financial Aid Official Website

https://www.gtcc.edu/admissions-and-aid/how-to-pay-for-college/financial-aid/index.php

Students can avail of scholarships provided by the college, such as North Carolina Student Incentive Grant and Triangle Scholarship Program, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 75% of students at GTCC receive some kind of financial aid, while the total amount of assistance/loans provided is $20,227,366. One can visit GTCC's financial aid page at https://www.gtcc.edu/admissions-and-aid/how-to-pay-for-college/financial-aid/index.php for more information. The total percentage of candidates applying to Guilford Technical Community College who receive the Federal Grant is 59%. Meanwhile, 71% of the applicants receive the Student Grant and 5% are awarded the Institution Grant, while 59% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,902, and the same stands at $1,458 for State Grant awardees and $849 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,821. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At GTCC, an estimated number of 29% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

21%

Institution Grant Aid

5%

Pell Grant

65%

Average Aid Awarded

Federal Grant Aid

$4,754

State Grant Aid

$1,489

Institution Grant Aid

$912

Pell Grant

$4,726

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,308

$30,001 - $48,000

$4,936

$48,001 - $75,000

$3,877

$75,001 - $110,000

$702

Over $110,000

N/A

Student Loans for Guilford Technical Community College (GTCC)

Average Loan Amount Average Loan Amount received per year.

$5,498/Year

Students Taking Out Loans

33%

Loan Default Rate

19%

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